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South Africa Business Visa

South African Business Visa is also referred as investor permit or entrepreneur permit; it is issued to allow Individuals to migrate to South Africa who can make a substantial investment in an existing or new business venture. It is recommended to undergo our free assessment option to check your eligibility towards this visa. 

Business permits are allowed on the basis of experience and entrepreneurial ability of the prospective applicant.  The emphasis upon the creation of jobs and investment capability for South African economy are other aspects that are looked into. The purpose and duration of the visit also play a role in the granting of this visa.

Benefits of Business Visa

  • Need to show enough business acumen and sufficient money for successfully starting an enterprise
  • They are issued for a period of 24 months
  • The visa holders can finally apply for the permanent residence

Visa Eligibility

  • Need to invest a minimum amount of £175,000
  • A request for capital reduction can be made if the business falls under the following sectors:
  • IT/communications
  • Chemicals/biotechnology
  • Automotive/transport
  • Metals/minerals
  • Tourism
  • Agricultural processing
  • Clothing/textiles/crafts

Need to satisfy the following extra requirements:

  • Need to submit a business plan with full details
  • The applicant also needs to be employed in the business venture
  • Need to prove that the invested money is originating from overseas country
  • Need to show documents that confirm their business capabilities
  • An agreement that is signed has to be registered

Dependents

Dependent and Spouse immigration are allowed to apply under this visa.  A prolonged stay through this visa leads to permanent residency.

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Disclaimer - MoreVisas immigration service Pvt.Ltd. does not offer consulting on student visas/ Overseas jobs/work permits/international or domestic placements.
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